White House Prepares to Meet with Crypto Industry Ahead of Regulatory Session

The White House is planning to host a meeting next Wednesday with representatives from the cryptocurrency and prediction-market industries. The event, which has not yet been officially confirmed by the White House, is expected to bring together industry leaders and executives from traditional financial firms.

The meeting comes ahead of the Commodity Futures Trading Commission's (CFTC) Innovation Advisory Committee meeting on August 20. The CFTC meeting will discuss cryptocurrency regulation, artificial intelligence in financial markets, and prediction markets, among other topics.

The CLARITY Act, a bill that would establish a federal framework for digital-asset markets, remains a key legislative priority for the industry. The Senate is expected to take up the legislation after lawmakers return from their August recess next month.